Boeing Stock Analysis After Crash

Boeing Stock Analysis – What will happen to Boeing after another fatal crash of one of their planes?

This past weekend I did a Bootcamp in Irvine, California. There were 60 of you learning how I personally trade stocks, options, how I pick the best stocks, how I limit my losses, and also, when I take profits.

Talking about limiting the losses, the news
today is a Boeing crashed in Ethiopia in Africa, killing all 157 people that
were inside it. And this morning, Boeing was down 9%. So, the question is:

How can you protect yourself from such a loss as Boeing Stock Anaylis after the crash?

If you have Boeing in your portfolio, I
mean, wow! This morning would have been bad. Boeing is one of the major stocks
in the Dow, and this morning, it was dragging the whole Dow Jones down.

Click the video above to take a look at the charts with me.

Let’s look at the chart for a Boeing stock analysis and how can you protect yourself from suddenly being down.

Because honestly, when you have a plunge
like this, no stop loss is going to help you.

There are two things that you can do not to get caught in something like this.

The first thing that you can do is look at the indicators

Look to see what they’re already telling
you. Because when you look at Boeing, the indicators were already saying right
now Boeing is no longer going up.

If you look at it, since December until a few days ago, according to my Boeing stock analysis it was rising from $300 to $440. That’s 50%. That is phenomenal.

First, take profits while they are there.

Second, use three indicators.

I like to use the RSI, Stochastics, and the
MACD in order to determine whether stock is more likely to go up, down, or
sideways.

As long as the RSI is above 50, and
Stochastics are above 50, and we see that the purple line, which is the MACD,
is above its orange line, we’re good.

Now if you look back a few days, you’ll
that the RSI was dipping below 50 and the MACD was going below its moving
average. This means that the stock was more likely to go sideways since it stopped
its upward momentum.

For me, this would definitely be the time
to get out. You see, the indicators were telling us early to get out before it
plummeted. If you would have gotten out, it would be at around $425 and you
still could have called this a fantastic move.

Second, trade stocks that are not in the news all the time.

When the mainstream media talks about
stocks, they are very susceptive to, or very receptive to these dramatic moves.

Tesla is a prime example, its in the news
all the time, as are Apple and Amazon. Is this making sense so far?

See, many years ago at the beginning of my
trading career, I was doing this. I was trading the mainstream stocks because
other people talked about it. I mean, this was back in the days.

IBM, and Boeing, and Alcoa, right? These
days everybody is talking about Facebook, Netflix, Apple, Google, and yes,
Boeing was definitely one of the high-flyer stocks because again, since the
beginning of the year, it was up 50%.

So, what do you do?

You just don’t trade mainstream stocks.

So which stocks should you trade instead?

Well, as you know, I like to use my software
PowerX Analyzer to find the stocks that are perfectly trending for my style of
trading.

Another stock was PATK.

It looked really, really good. And if you
had traded at a $10,000 position over the last year, following my rules that I
call the PowerX Strategy, you would have made $7,790 – almost a 78% ROI.

These are the stocks that nobody talks
about because I don’t even know what Patrick Industries does.

Let’s summarize our Boeing Stock Analysis:

With Boeing being down 9%, slightly
bouncing back, but still down 6% dragging down the whole Dow Jones…

How
could you have, or how can you, protect yourself from being caught in such a
huge loss?

Watch the indicators.

And usually they tell a story before it happens. Now, of course, indicators cannot predict that a plane was crashing this weekend, but there were already signals that Boeing has stopped going up, and this is when it’s a good time to get out.

Stay away from mainstream stocks.

This is why I programmed the
PowerX Analyzer to find stocks that nobody else is talking about because this
way, I don’t have to worry what Elon Musk, or Jeff Bezos from Amazon, or Tim
Cook from Apple are doing.

All right. Hope you find this helpful. If
you would like to learn more on how I personally trade, go to mytradingroutine.com.

If you’d like to experience one of our Live
Bootcamps, which are free, go to bootcamp.rockwelltrading.com
and see when we’re coming to an area close to you.

And by close to you I mean, if we are
within two hours driving distance, you should get in the car and come! I
promise it’ll be worth your while.

Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. The lower the day trade margin, the higher the leverage and riskier the trade. Leverage can work for you as well as against you; it magnifies gains as well as losses. Past performance is not necessarily indicative of future results.